Elgin Market Report

$316,400

AVERAGE PRICE OF 404 HOMES

$211,110

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,790,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$410,297

AVERAGE PRICE OF 68 NEWLY BUILT HOMES

$454,763

AVERAGE PRICE OF 11 HOMES WITH A POOL

$483,330

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $316,400
Avg Bedrooms 3.24 beds
Avg Bathrooms 2.7 baths

Average Price by Bedrooms

1 bedroom $75,800
2 bedrooms $199,645
3 bedrooms $268,233
4 bedrooms $419,225
5 bedrooms $467,456
Elgin Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 395 373 363 365 399
Average Price $305,116 $299,893 $291,786 $286,829 $286,648
Avg Price Change +1.74% +2.78% +1.73% +0.06% +2.58%
Median Price $272,436 $271,316 $262,698 $252,212 $251,755
Med Price Change +0.41% +3.28% +4.16% +0.18% +2.16%
Avg Bedrooms 3.18 beds 3.16 beds 3.14 beds 3.17 beds 3.19 beds
Avg Bathrooms 2.62 baths 2.61 baths 2.57 baths 2.57 baths 2.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 97 $444,058 82 days
Elgin High School 50 $231,988 35 days
Larkin High School 45 $239,828 37 days
South Elgin High School 40 $312,333 70 days
Streamwood High School 5 $367,260 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 404 $316,400 58 days
Distressed Homes 10 $211,110 160 days
Multi-Million Dollar Homes 1 $1,790,000 245 days
Newly Built Homes 68 $410,297 130 days
Homes with a Pool 11 $454,763 50 days
Reduced Price Homes 3 $483,330 54 days